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FORM 5500 DATA

A & Z Pharmecutical, Inc. 401k Savings Plan

Overview

Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan03/01/2005
  • Net Assets as of 12/31/2019 $2,646,528
  • Plan Number2
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2019

  • Active (Eligible) Participants127
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits81
  • Subtotal208
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total208
  • Total number of participants as of 01/01/2019191
  • Number of participants with account balances180
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested15

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address350 Wireless Boulevard
  • CityHauppauge
  • StateNY
  • Zip11788
  • Telephone(631) 952-3800
  • EIN11-3262018
  • Industry Code325410

Audit Information

  • Audit StatusAudited
  • AuditorFarber,Blicht,Eyerman& Herzog, LLP
  • Auditor EIN11-2424454
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2A Age/Service Weighted or New Comparability or Similar Plan Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New Comparability or Similar Plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the threshold or additional rate allowed under the permitted disparity rules of section 401(l)
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $500,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $857,465
Contributions $512,457
Cash Contributions $512,457
Cash from Employers $213,274
Cash from Participants $251,071
Others (including rollovers) $48,112
Noncash Contributions $0
Total Earnings on Investments $345,008
Total Interest $2,084
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,084
Interest from Other Investments $0
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $342,924
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $52,623
Total Benefit Payments $18,354
Directly to participants or beneficiaries, including direct rollovers $18,354
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $34,269
Professional Fees $0
Contract Administrator Fees $34,269
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $804,842
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $2,646,528 $1,857,884 42.45%
Total noninterest-bearing cash $13,016 $5,566 133.85%
Receivables $213,274 $219,070 -2.65%
Employer Contributions $213,274 $219,070 -2.65%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $33,619 $42,163 -20.26%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $2,386,619 $1,591,085 50.00%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $0 $0 0.0%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $0 $16,198 -100.00%
Benefit Claims Payable (1) $0 $16,198 -100.00%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $2,646,528 $1,841,686 43.70%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
John Hancock New York Recordkeeping and information management (computing, tabulating, data processing, etc.), Investment management, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Soft dollars commissions Recordkeeper $126 $0 $126
Total $126 $0 $126

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
John Hancock Stable Val John Hancock New York DFE: Pooled Separate Account $523,627
Jh Multimanager Conserv Ls John Hancock New York DFE: Pooled Separate Account $226,202
Jh Multimanager Growth Ls John Hancock New York DFE: Pooled Separate Account $221,225
Jh Multimanager Moderate Ls John Hancock New York DFE: Pooled Separate Account $181,286
Jh Multimanager Balanced Ls John Hancock New York DFE: Pooled Separate Account $120,462
Science & Technology Fund John Hancock New York DFE: Pooled Separate Account $108,890
T. Rowe Price Health Sci John Hancock New York DFE: Pooled Separate Account $106,289
T. Rowe Price Sci & Tech John Hancock New York DFE: Pooled Separate Account $87,330
Blue Chip Growth Fund John Hancock New York DFE: Pooled Separate Account $83,480
Fidelity Contrafund John Hancock New York DFE: Pooled Separate Account $71,176
Jh Multimanager Aggressive Ls John Hancock New York DFE: Pooled Separate Account $67,140
Jh Multimanager 2035 Lifetime John Hancock New York DFE: Pooled Separate Account $51,429
American Balanced Fund John Hancock New York DFE: Pooled Separate Account $42,941
The Growth Fund of America John Hancock New York DFE: Pooled Separate Account $36,774
Royce Opportunity John Hancock New York DFE: Pooled Separate Account $29,274
500 Index Fund John Hancock New York DFE: Pooled Separate Account $28,235
Jh Multimanager 2045 Lifetime John Hancock New York DFE: Pooled Separate Account $20,889
T. Rowe Price Spectrum Inc John Hancock New York DFE: Pooled Separate Account $20,806
Sprott Gold Fund John Hancock New York DFE: Pooled Separate Account $17,772
Blackrock Basic Value John Hancock New York DFE: Pooled Separate Account $16,972
Jh Multimanager 2055 Lifetime John Hancock New York DFE: Pooled Separate Account $16,442
John Hancock Disciplined Value John Hancock New York DFE: Pooled Separate Account $16,131
Jpmorgan U.S. Equity Fund John Hancock New York DFE: Pooled Separate Account $14,090
Mid Value Fund John Hancock New York DFE: Pooled Separate Account $13,796
Mid Cap Stock Fund John Hancock New York DFE: Pooled Separate Account $13,596
John Hancock Us Quality Growth John Hancock New York DFE: Pooled Separate Account $13,206
New Opportunities Fund John Hancock New York DFE: Pooled Separate Account $12,643
Pimco Real Return John Hancock New York DFE: Pooled Separate Account $12,626
Real Est. Securities Fund John Hancock New York DFE: Pooled Separate Account $12,073
Small Cap Stock Fund John Hancock New York DFE: Pooled Separate Account $11,199
Europacific Growth Fund John Hancock New York DFE: Pooled Separate Account $9,434
Vanguard Explorer Fund John Hancock New York DFE: Pooled Separate Account $9,196
Strategic Income Opp Fund John Hancock New York DFE: Pooled Separate Account $8,683
Jh Multimanager 2030 Lifetime John Hancock New York DFE: Pooled Separate Account $8,547
U.S. High Yield Bond Fund John Hancock New York DFE: Pooled Separate Account $8,436
Opportunistic Fixed Income John Hancock New York DFE: Pooled Separate Account $8,055
Invesco International Growth John Hancock New York DFE: Pooled Separate Account $7,876
American Century Heritage John Hancock New York DFE: Pooled Separate Account $7,655
Mid Cap Index Fund John Hancock New York DFE: Pooled Separate Account $6,772
Financial Industries Fund John Hancock New York DFE: Pooled Separate Account $6,269
Invesco Opp Intl Growth Fund John Hancock New York DFE: Pooled Separate Account $6,154
Invesco Opp Developing Mkt John Hancock New York DFE: Pooled Separate Account $5,722
Templeton Foreign Smaller Co John Hancock New York DFE: Pooled Separate Account $4,459
Intl Equity Index Fund John Hancock New York DFE: Pooled Separate Account $4,440
T. Rowe Price New Era Fund John Hancock New York DFE: Pooled Separate Account $4,432
Invesco Oppenheimer Global John Hancock New York DFE: Pooled Separate Account $4,295
Clearbridge Aggressive Growth John Hancock New York DFE: Pooled Separate Account $4,275
Vanguard Value Index Fund John Hancock New York DFE: Pooled Separate Account $4,233
T. Rowe Price Cap Appreciation John Hancock New York DFE: Pooled Separate Account $4,164
Templeton Global Bond Fund John Hancock New York DFE: Pooled Separate Account $4,147
Capital World Bond Fund John Hancock New York DFE: Pooled Separate Account $4,121
High Yield Fund John Hancock New York DFE: Pooled Separate Account $4,064
Fundamental Large Cap Value John Hancock New York DFE: Pooled Separate Account $3,569
T. Rowe Price Equity Inc John Hancock New York DFE: Pooled Separate Account $3,328
Pimco Global Bond Opps Fund John Hancock New York DFE: Pooled Separate Account $3,314
Domini Impact Equity Fund John Hancock New York DFE: Pooled Separate Account $3,196
Pimco All Asset John Hancock New York DFE: Pooled Separate Account $3,004
Invesco Oppenheimer Int'L Bond John Hancock New York DFE: Pooled Separate Account $2,992
John Hancock Bond Fund John Hancock New York DFE: Pooled Separate Account $2,644
Capital World Growth & Income John Hancock New York DFE: Pooled Separate Account $2,466
Investment Company of America John Hancock New York DFE: Pooled Separate Account $2,431
Fidelity Adv Leveraged Co Stk John Hancock New York DFE: Pooled Separate Account $2,347
Mutual Global Discovery John Hancock New York DFE: Pooled Separate Account $2,094
Vanguard Mid-Cap Value Etf John Hancock New York DFE: Pooled Separate Account $1,700
Fundamental All Cap Core Fund John Hancock New York DFE: Pooled Separate Account $1,630
Mfs Utilities Fund John Hancock New York DFE: Pooled Separate Account $1,494
Ivy Asset Strategy Fund John Hancock New York DFE: Pooled Separate Account $1,438
Blackrock Global Allocation John Hancock New York DFE: Pooled Separate Account $1,389
Vanguard Growth Index Fund John Hancock New York DFE: Pooled Separate Account $1,383
Fidelity Adv New Insights John Hancock New York DFE: Pooled Separate Account $1,347
Dfa Inflation-Protected Sec John Hancock New York DFE: Pooled Separate Account $1,331
Amg Managers Fairpointe Midcap John Hancock New York DFE: Pooled Separate Account $1,286
Capital Income Builder John Hancock New York DFE: Pooled Separate Account $1,171
Fundamental Investors John Hancock New York DFE: Pooled Separate Account $1,115
Federated High Yield Bond John Hancock New York DFE: Pooled Separate Account $1,101
John Hancock Intl Growth John Hancock New York DFE: Pooled Separate Account $1,005
New Perspective Fund John Hancock New York DFE: Pooled Separate Account $904
Equity Income Fund John Hancock New York DFE: Pooled Separate Account $892
New World Fund John Hancock New York DFE: Pooled Separate Account $889
Invesco Small Cap Growth John Hancock New York DFE: Pooled Separate Account $772
Vanguard Small Cap Value Index John Hancock New York DFE: Pooled Separate Account $459
Dfa Emerging Markets Value John Hancock New York DFE: Pooled Separate Account $284
T. Rowe Price Sml Cap Val John Hancock New York DFE: Pooled Separate Account $214
Total $2,386,619

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock New York 171
EIN 13-3646501
Industry Code 86375
Contract Number 82117
Contract Year 01/01/2019 — 12/31/2019
Value in General Account at Year End $0
Value in Separate Accounts at Year End $2,385,035
Insurance Fees and Commissions $20,221
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Joel Boyarsky 211 Broadway Lynbrook, NY 11563 Insurance Agent or Broker $19,237 $0
Improved Funding Techniques Inc. 211 Broadway Lynbrook, NY 11563 Third Party Administrator $984 $0
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0